U.S. Senate Advances Crypto Regulation: Market Structure Bill Set for December Vote

The U.S. Senate is reviving discussions around a crucial bill aimed at setting clear rules for the cryptocurrency market. The key date now set is December 8, when the Crypto Market Structure Bill is expected to move into review — signaling renewed momentum after months of stalled negotiations between Republicans and Democrats.

Crypto Regulation Back on the Legislative Radar: Senators Push for Action by Year-End According to congressional sources cited by journalist Eleanor Terrett, lawmakers are preparing to begin reviewing the bill during the week starting December 8. While Senator Tim Scott’s office has not officially confirmed the schedule, the timing aligns with his goal of bringing the bill to a vote before year-end. As the top Republican on the Senate Banking Committee, Scott is advocating for a cohesive framework to regulate crypto trading and to clarify the responsibilities of key oversight agencies like the SEC and CFTC.

The Bill Seeks to Define What a Token Is — and Who Should Regulate It One of the most pressing issues is when a cryptocurrency token qualifies as a commodity versus a security. This distinction has caused confusion in the market and disrupted enforcement efforts. The bill aims to: 🔹 Define the roles of regulatory authorities

🔹 Establish clear trading and issuance rules for tokens

🔹 Implement stronger consumer protections

🔹 Unify the currently fragmented legal framework

Bipartisan Committees Are Gaining Momentum Additional support has come from the Senate Agriculture Committee, which oversees commodity markets. Its chairman, Senator John Boozman, recently expressed optimism that their portion of the bill will be ready for review in early December. Cooperation between the banking and agriculture committees is crucial, signaling a broader recognition that crypto regulation can no longer be fragmented across agencies.

Two More Opportunities Remain to Pass the Bill Before the Holidays The Senate calendar allows for further sessions before the holiday recess. If the review doesn’t occur during the week of December 8, two additional windows remain for passing the legislation. Although Congressional schedules are often subject to delays, the current timeline clearly reflects a strong bipartisan push to pass the bill by the end of 2025.

#USPolitics , #crypto , #bitcoin , #CryptoRegulation , #Ethereum

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